{"id":1202844,"date":"2020-08-20T13:03:44","date_gmt":"2020-08-20T18:03:44","guid":{"rendered":"https:\/\/resourceworld.com\/?p=59433"},"modified":"2020-08-20T13:03:44","modified_gmt":"2020-08-20T18:03:44","slug":"banyan-gold-announces-impressive-yukon-results","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1202844","title":{"rendered":"Banyan Gold announces impressive Yukon results"},"content":{"rendered":"

Banyan Gold Corp.<\/strong> [BYN<\/a>-TSXV; BYAGF<\/a>-OTC] has announced impressive diamond drilling results from a 2020 exploration program at its AurMac property in the Canadian Yukon.<\/p>\n

The results released Thursday August 20 are from drilling on the Airstrip Zone, a near-surface gold deposit that is open to resource expansion to the east, west and downdip.<\/p>\n

The company said it represents an open-pit mineable bulk tonnage target that is advantaged by existing transportation infrastructure, including the main Yukon government highway system and an all-season road to Victoria Gold Corp.<\/strong>\u2019s [VGCX<\/a>-TSX] adjacent Eagle mine, which went into commercial production in July, 2020.<\/p>\n

The Eagle Mine is connected to the Yukon power grid and a commercial airstrip used to transport personnel is located 80 km to the south near the village of Mayo.<\/p>\n

The AurMac Project has resources are open in all directions and at depth, and have the potential to host a multi-million-ounce deposit, the company has said.<\/p>\n

The Airstrip Zone contains an Inferred Mineral Resource of 46 million tonnes at an average gold grade of 0.524 g\/t for a total of 774,926 ounces of gold.<\/p>\n

Thursday\u2019s drilling highlights form the Airstrip Zone include 0.75 g\/t gold over 116.4 metres, 0.52 g\/t gold over 38.7 metres, 0.75 g\/t gold over 32.5 metres from 32.5 metres, 0.82 g\/t gold over 20.5 metres, and 8.33 g\/t gold over 1.4 metre.<\/p>\n

\u201cThese results not only demonstrate the continuity of the AurMac gold deposit, but the long intervals will add meaningfully to the resource. Grades of up to 19.50 g\/t gold have been reported to date as well as multiple intercepts over 3.00 g\/t gold,\u2019\u2019 said Banyan Gold President and CEO Tara Christie in an August 17, 2020 press release.<\/p>\n

\u201cWe continue to methodically execute the AurMac exploration program based on the application of our geological and resource models. We plan to drill late in the fall,\u201d she said.<\/p>\n

On Thursday, Banyan shares rose 7.5% or $0.03 to 36 cents on volume of 880,466, and now trade in a 52-week range of 35 cents and $0.03.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banyan Gold Corp. [BYN-TSXV; BYAGF-OTC] has announced impressive diamond drilling results from a 2020 exploration…<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[622],"tags":[48,116],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1202844"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1202844"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1202844\/revisions"}],"predecessor-version":[{"id":1202845,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1202844\/revisions\/1202845"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1202844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1202844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1202844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}